Thanks for Repping 🇳🇬Nigeria. Econ I always say it is far easier to fix the money than to fix the government of which the money inevitably fixes the government. This is one reason I think bitcoiners are more atune to understanding money than economist
Great to see a fellow Nigerian on Saif's pod. I'm also Nigerian and a fan of the podcast! I enjoyed the conversation, though listening to it, was quite disheartening. Thanks for having Econ Bro, Saif, and for shedding light on the Nigerian story.
It's great to see more Africans on this path. I've been on the same journey and I'm in Kenya 🇰🇪 I'm a classical libertarian and a student of Austrian Economics. I've been learning and wanting to share what I've been learning with Kenyans as well. I feel inspired to do so. Thank you!
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
Ms harriet understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch .....
This time last year I considered crypto without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. I got into the market with 15k, One year and a couple of months in, and I’m up with 550k. I truly cannot stress enough how helpful experts in this field are!
hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful harriet dixson
Amazing conversation. Great job Econ Bro outlining the situation in Nigeria. My favourite quote in this podcast by Saifedean: "The problem with FIAT money is that you need to earn it twice. Once when you work for it and once when you have to beat inflation."
Regarding your question what are causes of the current economic problems in Nigeria? Economist Nathan Nunn in his research paper ‘The Long-Term Effects of Africa's Slave Trades’, shows strong evidence there is a negative relationship between the number of slaves exported from a country and current economic performance.
Why don't you ask your guest questions Saif? Though I appreciate your rants, we've all heard them. When you have a guest on, especially from another country, ask questions then hush. What were the three predictions he made about the Nigerian economy he was right about? Why was he right when others were wrong? I think you need to make a trip to Nigeria to see what poverty really looks like. You may not be so quick to push your privileged views (i.e., how cheap all meat diets are for instance). Meet people where they are Saif! 😊
yeah...the lack of "studies" social blowback of "moderate inflation" on culture and society is sad and lacking. BUT...perhaps we might flip the narrative and explore and lay out the Positive Benefits of Hard Money??? Since my more serious investigation of Bitcoin the past month or so -- it is most interesting to see young marginally-Austrian informed Bitcoiners openly promoting Value and FAR more Austere spending habits...because they don't want to foolishly Spend-Their-Bitcoin!!! It made me remember the Golden-Era of 1870-1914 in the USA and Western Europe. The SEARCH and DEMAND for Value arises naturally in the heart of humans who have embraced a sound and stable currency!!!
Michael Saylor rightfully complains about the system being rigged, good for wealthy property owners and suppressing workers. But the way he talks about Bitcoin being a pristine collateral property and how the current system classifies BTC as property (n subject to taxes, etc) does NOT help the worker. It may help the worker that bought in early but it doesn't fix the system. Workers will get priced out of BTC the same as they r currently priced out of real estate and other assets. It only fixes the system if BTC is THE world's money because then it gets redistributed according to the value people exchange (unless gov screw things up, which they will because people r ignorant).
Thanks for Repping 🇳🇬Nigeria. Econ
I always say it is far easier to fix the money than to fix the government of which the money inevitably fixes the government.
This is one reason I think bitcoiners are more atune to understanding money than economist
Great to see a fellow Nigerian on Saif's pod.
I'm also Nigerian and a fan of the podcast!
I enjoyed the conversation, though listening to it, was quite disheartening.
Thanks for having Econ Bro, Saif, and for shedding light on the Nigerian story.
2:35
Same as me i start with milton friedman then thomas sowell then hayek then dave smith introduce me to the mises institute.
The Road to Hoppedom
It's great to see more Africans on this path. I've been on the same journey and I'm in Kenya 🇰🇪 I'm a classical libertarian and a student of Austrian Economics.
I've been learning and wanting to share what I've been learning with Kenyans as well. I feel inspired to do so. Thank you!
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude
.....
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
Ms harriet understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
.....
This time last year I considered crypto without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. I got into the market with 15k, One year and a couple of months in, and I’m up with 550k. I truly cannot stress enough how helpful experts in this field are!
hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful harriet dixson
Awesome Saif and Naija brother
Excellent interview!
Amazing conversation. Great job Econ Bro outlining the situation in Nigeria. My favourite quote in this podcast by Saifedean:
"The problem with FIAT money is that you need to earn it twice. Once when you work for it and once when you have to beat inflation."
Regarding your question what are causes of the current economic problems in Nigeria? Economist Nathan Nunn in his research paper ‘The Long-Term Effects of Africa's Slave Trades’, shows strong evidence there is a negative relationship between the number of slaves exported from a country and current economic performance.
Is his name really "Econ Bro"? I can't think of a more fitting name.
Ya reckon bro?
Why don't you ask your guest questions Saif? Though I appreciate your rants, we've all heard them. When you have a guest on, especially from another country, ask questions then hush.
What were the three predictions he made about the Nigerian economy he was right about? Why was he right when others were wrong?
I think you need to make a trip to Nigeria to see what poverty really looks like. You may not be so quick to push your privileged views (i.e., how cheap all meat diets are for instance).
Meet people where they are Saif! 😊
yeah that's a good point
yeah...the lack of "studies" social blowback of "moderate inflation" on culture and society is sad and lacking. BUT...perhaps we might flip the narrative and explore and lay out the Positive Benefits of Hard Money??? Since my more serious investigation of Bitcoin the past month or so -- it is most interesting to see young marginally-Austrian informed Bitcoiners openly promoting Value and FAR more Austere spending habits...because they don't want to foolishly Spend-Their-Bitcoin!!! It made me remember the Golden-Era of 1870-1914 in the USA and Western Europe. The SEARCH and DEMAND for Value arises naturally in the heart of humans who have embraced a sound and stable currency!!!
So are the bunds being built to combat desertification bad? Like is it better to let the Sahel become the Sahara?
دكتور سيف المحتوى العربي يحتاجك
Michael Saylor rightfully complains about the system being rigged, good for wealthy property owners and suppressing workers. But the way he talks about Bitcoin being a pristine collateral property and how the current system classifies BTC as property (n subject to taxes, etc) does NOT help the worker. It may help the worker that bought in early but it doesn't fix the system. Workers will get priced out of BTC the same as they r currently priced out of real estate and other assets.
It only fixes the system if BTC is THE world's money because then it gets redistributed according to the value people exchange (unless gov screw things up, which they will because people r ignorant).